Why is BFL Asset Finves falling/rising?

As of 12-Nov, BFL Asset Finvest Ltd's stock price is currently at Rs 12.46, reflecting a decline of Rs 1.32 or 9.58%. The stock has underperformed its sector by 9.03% today and opened with a significant loss of 5.44%. It reached an intraday low of Rs 12.21, indicating a drop of 11.39%. The stock is trading below all its moving averages, and investor participation has decreased, with delivery volume falling by 48.17% compared to the 5-day average. The company's financial performance is concerning, with operating losses and a negative EBITDA, as evidenced by a substantial decline in profit before tax and profit after tax compared to previous quarters. Additionally, the stock has generated a return of -46.36% over the past year, further highlighting its weak long-term fundamental strength.
In the broader market context, BFL Asset Finvest Ltd's performance contrasts sharply with the benchmark Sensex, which has gained 1.21% over the past week and 8.10% year-to-date. This stark difference indicates that while the market is experiencing growth, BFL Asset Finvest is struggling significantly, evidenced by its negative returns over various periods, including a 41.25% decline year-to-date and a 46.36% drop over the past year. The company's underperformance in both the short and long term, coupled with its weak financial indicators, suggests a challenging environment for the stock, contributing to its current downward trend.